Selling on recent fib level breakthrough and price action
Fib lines in orange background show the recent low on November 30 to the recent high of 1.64 on June 21(and double top on January 2), and it recently broke through 0.6 fib level and price of 1.6 with great price action and high volume from mid June - July.
There is a fib chart on the far left of the long term bottom in February 2017 up to the recent double(triple?) top in September and October 2018.
Short term target of the 0.786 long term fib level at 1.577, longer term will see deeper bear market.
There is a fib chart on the far left of the long term bottom in February 2017 up to the recent double(triple?) top in September and October 2018.
Short term target of the 0.786 long term fib level at 1.577, longer term will see deeper bear market.
Zlecenie aktywne
In short at 1.595Zlecenie zamknięto ręcznie
Closed the short after price action failed to materialize early this week, waiting for new short entry in the 1.60x range
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Wyłączenie odpowiedzialności
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.